Which of the following describes individuals that want goods and services for personal consumption and have the resources to buy them?

Question

Quizplus · Accepted Answer

The consumer market refers to individuals or households that want goods and services for personal consumption and have the resources to buy them. Therefore, option D is the correct answer. Option A (Secondary market) refers to a market where pre-owned goods are bought and sold, option B (public and private markets) is a broad term that encompasses all types of markets, and option C (Market segmentation) refers to dividing the market into smaller groups based on similar characteristics.

Which of the Following Describes Individuals That Want Goods and Services